520 W Lemon Avenue, Monrovia, CA 91016
- $830,000
- Sold Price
- $830,000
- List Price
- $799,000
- Closing Date
- May 21, 2026
- Status
- CLOSED
- MLS#
- AR26084931
- Year Built
- 1941
- Lot Size
- 5,982
- Acres
- 0.14
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 10
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- One Level
Property Description
Charming duplex opportunity in a highly desirable Monrovia neighborhood, just moments from the shops, dining, and vibrant atmosphere of Old Town. Situated on a 5,982 sq ft lot, this property features two mirror-image units, each offering 1 bedroom and 1 bathroom - an excellent opportunity for investors or future owner-users. The units offer functional layouts, with one unit benefiting from more recent improvements while the other provides an opportunity for a new owner to further update and add value over time. Notable upgrades include a new roof installed in 2021, both water heaters replaced in 2023, a new garage door installed in 2026 on one of the garages, a new window AC unit added in the back unit in 2025, and a direct vent heater installed in that same unit in 2021. Each unit includes its own dedicated garage space, providing convenient parking and additional storage. Both units are currently tenant-occupied, one unit can delivered vacant. The property also features a shared laundry room equipped with a washer and dryer for tenant use. The spacious lot presents potential for future expansion, including the possibility of adding an ADU (buyer to verify with the City of Monrovia). A versatile property in a prime location with long-term upside potential.
Additional Information
- Appliances
- Gas Range, Water Heater
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Roof
- Shingle
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $43,020
- Operating Expense
- 6457
Listing courtesy of Listing Agent: Mary Baldry (marybaldry@gmail.com) from Listing Office: Century 21 Village Realty.
Listing sold by Jesus Esparza from Esparza Investments Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.